December 15, 1994 |
New Entries: Separately, Kia Motors America said that its Sephia sedan will offer air bags in the upgraded LS and GS models in March, along with a curvier front end. The company's Sportage sport utility vehicle is scheduled to hit U.S. dealerships on Jan. 3. The base prices for the various trim and equipment packages will range from $14,000 to $18,000.
January 7, 1997 |
Mountain View-based Silicon Graphics Inc. said it expects to break even, below analysts' expectations, in its fiscal second quarter after failing to meet demand for its newest computers because of manufacturing delays. . . . Hyundai Motor Co. said it named M.H. Juhn president of Hyundai Motor America, which is based in Fountain Valley. . . . Irvine-based Kia Motors America named Woon Keun Kim president and chief executive.
December 2, 1997
South Korea's Kia Motors Corp., shrugging off a financial crisis that prompted a government bailout this fall, said it will expand its U.S. product line from two models to seven in the next four years. Irvine-based Kia Motors America, which now sells the Sephia compact sedan and Sportage sport-utility vehicle in the U.S., said it will introduce a two-door convertible Sportage in the spring, a minivan and two new subcompact cars in the 2000 model year and a new mid-size sedan in 2001.
December 18, 2001 |
Irvine-based Kia Motors America, riding two years of heady sales growth, reorganized its top management Monday. J.H. Lee, former head of parent Hyundai Motor Co.'s Canadian operations, will take over as president of the U.S. import and distribution company. Executive Vice President Peter M. Butterfield will add the title and duties of chief operating officer, taking over day-to-day operations.
February 24, 2000 |
Kia Motors America said Wednesday that it plans to dismiss 20 of its 225 workers at the company's Irvine headquarters, even though its U.S. auto sales are booming. The U.S. arm of Kia Motors Corp. of South Korea took the action to improve the bottom line, spokesman Geno Effler said. Kia Motors America has yet to make money since it began selling in the U.S. in 1994. "We had a very good 1999, but this is a key year for us to become profitable," Effler said. The U.S.
February 12, 2008 |
Kia Motors Corp., South Korea's second-largest automaker, said President Byung Mo Ahn was adding the duties of chief executive of its Irvine-based U.S. unit, replacing Len Hunt, who left the company. Kia Motors America's vice president of marketing, Ian Beavis, also left, the Seoul-based company said. Kia said Tom Loveless, vice president of sales, would now report directly to Ahn. "These changes are being made in an effort to respond to rapidly changing market conditions in the United States," the company said.